What Are The Advantages Of A Stafford Student Loan Over Other Loans? - Beginning At The Top For Loans The executive director of the Project on Student Debt, Robert Shireman, was interviewed regarding the best strategy for students to use for financial-aid decisions regarding higher education. We will review his comments and advice regarding the Stafford Student Loan and others. Go with the federal loans first, not only do [...]

Is It Better To Get A Federal Student Loan Or A Private Student Loan? - A Look At Federal Student Loans The best thing to do is to get a Federal student loan. Federal loans are readily available to students. Private loans are more expensive to pay back and are not recommended if they can be avoided. The reason Federal student loans are so available is because graduates of college [...]

How To Pay For College If You Are Not Wealthy - The Governments Part For College Regarding Low and Mid Income Students An overwhelming majority of Americans believe first priority in federal higher education aid increases should be given to low and middle-income students striving for college, according to a survey results released by the U.S. House Committee on Education. The results of this survey reinforce the strong [...]

What College Students Should Understand About FAFSA - What Is FAFSA and What Is It About? The FAFSA is the starting point of almost every kind of student financial aid in the United States. Ever wonder who the largest provider of financial aid is? Well it’s the federal government. Every year, it gives out more than $70 billion in grants, loans and [...]

Can I Get A Federal Student Loan As A Graduate Student Studying Abroad? - Who is eligible And What Information Do I Need? Loans for graduate students studying abroad must be U.S. citizens and permanent residents enrolled in approved schools with the United States of American who wish to pursue study abroad. The following information will be needed when you apply. When you apply with a co-signer, you will need [...]

Can I Get A Federal Student Loan Studying Abroad? - Who Is Eligible And What Are The Requirements To Apply? To be eligible for U.S. financial aid and the federal student loan programs for international studying you must be a U. S. citizen, a U.S. permanent Resident (with appropriate CIS documentation), an eligible non-citizen (with appropriate documentation) and a citizen of certain Pacific Islands (the free [...]

What Is The William D. Ford Direct Loan Program? - Who Is William D. Ford? William D. Ford was a U.S. Representative who spent three decades on Capitol Hill and dedicated himself to expanding educational opportunities for children. He served as Chairman of the House Committee on Education and Labor and as Chairman of the House Committee on Post Office and Civil Service. He believed that [...]

What Is The Student Loan Company? - Explain The Back Ground Of The Student Loan Company The Student Loan Company, administers government funded loans and many grants to students throughout the United Kingdom. The company, in partnership with Local Authorities in England and Wales, the Student Awards Agency for Scotland, the Education and Library boards in Northern Ireland, the Higher Education Institutions and HM [...]

What Is The History Of Sallie Mae? - What Is Sallie Mae? It’s the nation’s leading provider of student loans and administrator of college savings plans, which has helped millions of Americans achieve their dream of a higher education. The company primarily provides federal and private student loans, including consolidation loans, for graduate students and their parents. In addition, Sallie Mae offers comprehensive [...]

What Programs Are Offered By The Sallie Mae Scholarship Organization - Just What Is The Sallie Mae Organization? The Sallie Mae Fund sponsors several scholarship programs and supports hundreds of other college scholarships. All of their programs are based on financial need. The fund trys to bridge the dollar gap when no one else can. With an estimated $3 billion in private scholarships awarded nationally each [...]

What Are The Differences Between Federal And Private Student Loans? - Start To Explore Your Options Many students will be heading off to school and will be in need of many things. The first year of college brings great surprises, newfound freedom and great financial need. If you are a student or a parent of one, it is important for you to understand your education-funding [...]

Difference Between Subsidized And Unsubsidized Student Loans - To begin with, I will define the basic points of each loan. Subsidized loans are awarded on the basis of financial need. You will not be charged any interest before you begin repaying the loan because the federal government subsidized the interest during this time. Unsubsidized loans charge interest from the time the money is first [...]

What Is A Federal Perkins Loan? - A Federal Perkins Loan Program is a long-term loan with a low interest of 5 percent to students with exceptional financial need. The school determines which students have the greatest need. The loan is for both undergraduate and graduate students. Under the program, this type of loan is made through a school’s financial aid office. [...]

What Is A PLUS Loan? - A parent PLUS Loan is a loan that a parent or parents of a full time undergraduate student takes out to help the student pay for the student’s college education. Your parents fill out a PLUS Loan application, which is available from the school’s financial aid office. This type of loan is available through both the [...]

Can I Apply For A Federal Student Loan During School? - First of all, financial assistance programs and requirements often vary from school to school regarding educational loans. Always check with your school that you are planning to attend before applying for financial aid. There have even been two more grants made available as of the 2006-07 school year for college students who graduated from high [...]

What Is A Stafford Loan? - There are two different kinds of Stafford Loans and both are administered by the U.S. Department of Education. The first is called the Federal Family Education Loan (FFEL) Program and the other one is called the William D. Ford Federal Direct Loan (Direct Loan) Program. For either type of loan the terms and conditions are very [...]

Can Student Loans Cover Off-Campus Housing? - Yes, you can use your student loans for anything you want related to college. Grants have to be used for tuition or for books, but loans can be used for anything. I used mine to pay off credit cards that I had used to pay for school for previous years. I have been told many times [...]

Student Loan Forgiveness - Many of you go through the process of getting a federal student loan, but when it comes time to pay it there are so many potential issues that can make repaying it a colossial nightmare.  The last thing that you want to do is wait thirty years and if that is the case then maybe [...]